Ricoh Shows Sales Growth and Income Declines in Q1, Lowers Forecast

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Last week, Ricoh announced its results for the fiscal first quarter, which ended on June 30. The company managed to grow Q1 net sales year-over-year, but operating and net income declined. Ricoh’s full-year results for the fiscal year ended on March 31, 2015, showed a similar pattern—net sales growth and declines in operating and net

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